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Codex Tech Limited

05774162

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

60 Poland Street, London, W1F 7NT
Incorporated 07/04/2006

Previously known as

X2x Limited · until 09/01/2026
Codex Digital Limited · until 01/11/2019

Compliance

Last accounts

31/12/2025

group

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

26702
Manufacture of photographic and cinematographic equipment

Officers

Mr Joseph Marion Harkins

director · Since 24/11/2025

AMERICAN · UNITED STATES · Age 44

Also on 1 other board

Joseph Marion Harkins

director · Since 24/11/2025

American · United States · Age 44

Former

Temple Secretaries Limited

corporate nominee secretary · Resigned 07/04/2006

Company Directors Limited

corporate nominee director · Resigned 07/04/2006

Paul Bamborough

secretary · Resigned 22/04/2019

Delwyn Holroyd

director · Resigned 22/04/2019

Anita Jane Sinclair

director · Resigned 22/04/2019

Paul Bamborough

director · Resigned 22/04/2019

Marc Stephen Dando

director · Resigned 22/04/2019

Alan Dachs

director · Resigned 24/11/2025

Thor Geir Ramleth

director · Resigned 24/11/2025

Eric Dachs

director · Resigned 24/11/2025

Deborah Duncan

director · Resigned 24/11/2025

Persons with Significant Control

Mr Joseph Marion Harkins

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 44

60, Poland Street, London, W1F 7NT

Notified 24/11/2025

Former PSCs

Mr Eric Dachs

Ceased 24/11/2025

Change History

statusactive
2026-07-18

Active

typeltd
2026-07-18

Private Limited Company

address line160 Poland Street
2026-07-18

60 POLAND STREET

post townLondon
2026-07-18

LONDON

CompanyRankvs 15+ SIC 26702 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 15.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/12/2025

Net Worth

£4.6M

Balance sheet strength

Cash

£683k

Cash in the bank

Net Current Assets

£4.5M

Working capital

Current Assets

£4.8M

Current Liabilities

£322k

Fixed Assets

£71k

Debtors

£1.3M

Profit After Tax

-£7.1M

36avg. employees-19

Tax at Year End(2024)

Corp tax£47k

Balance Sheet

Assets less current liabilities£4.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202515.02+£4.0M
20241.04-£7.1M
20231.72

Derived from filed accounts. Not audited figures.